KLIQ secures $2.25mln in seed funding to scale AI-driven influencer marketing platform in Saudi Arabia

KLIQ secures $2.25mln in seed funding to scale AI-driven influencer marketing platform in Saudi Arabia

Led by Sanabil Venture Studio by Stryber, the investment will accelerate KLIQ’s AI first platform that connects brands and content creators in a smarter, fairer, and fully measurable way. Riyadh, Saudi Arabia – KLIQ, the first end-to-end influencer marketing platform built in Saudi Arabia and powered by proprietary AI, has closed a $2.25 million seed investment […]

Alkhabeer Capital Invests SAR 18 Million in Saudi AI-powered robo-advisory firm Sindbad.Tech

Alkhabeer Capital Invests SAR 18 Million in Saudi AI-powered robo-advisory firm Sindbad.Tech

Jeddah, Saudi Arabia: Alkhabeer Capital, the financial institution specializing in Shari’a-compliant financial services and brokerage services, has announced the signing of a subscription agreement to acquire shares worth SAR 18 million in Automated Economy Holding Company, the sole owner of Automated Support for Financial Technology (commercially known as Sindbad.tech), which underscores Alkhabeer Capital’s commitment to advancing […]

Saudi healthtech Nuxera AI secures $2.5 million pre-seed from Sanabil Venture Studio by Redesign Health

Saudi healthtech Nuxera AI secures $2.5 million pre-seed from Sanabil Venture Studio by Redesign Health

Nuxera AI, a Saudi health-tech startup, has secured $2.5 million in pre-seed investment from Sanabil Venture Studio by Redesign Health. This new funding will accelerate the company’s mission to transform clinical workflows through artificial intelligence (AI) built natively for Arabic-speaking healthcare providers. Founded by a trio of seasoned leaders with one obsession: fixing Arabic healthcare with […]

Engagesoft Raises $3.5M Pre-Series A Led by Silicon Badia Following 10x Revenue Growth

Engagesoft Raises $3.5M Pre-Series A Led by Silicon Badia Following 10x Revenue Growth

Riyadh, Saudi Arabia —Oct 7, 2025 — Engagesoft, the KSA-based, AI-powered platform for employee engagement and organizational effectiveness, has raised a $3.5 million Pre-Series A round led by Silicon Badia. The investment will accelerate Engagesoft’s AI-driven roadmap, advancing its mission to deliver an integrated view of organizational health across engagement, culture, leadership effectiveness, and performance. […]

Audi Capital launches the first CMA-regulated art investment fund investing in Saudi Arabia and the MENA Region

Audi Capital launches the first CMA-regulated art investment fund investing in Saudi Arabia and the MENA Region

Riyadh, Saudi Arabia – Audi Capital, a regional asset and wealth management firm operating in Saudi Arabia since 2006, announces today, at the inaugural Cultural Investment Conference in Riyadh, the launch of the CMA-regulated Audi Capital MENA Art Fund (the “Fund”), the first regulated art fund in Saudi Arabia and the broader MENA region.  Any subscription […]

Merak Capital unveils Saudi Arabia’s first fashion sector private equity fund worth SAR 300mln

Merak Capital unveils Saudi Arabia’s first fashion sector private equity fund worth SAR 300mln

Riyadh, Saudi Arabia – Under the patronage of His Highness Prince Badr bin Abdullah bin Farhan Al Saud, Minister of Culture and Chairman of the Cultural Development Fund, and within the framework of the Cultural Investment Conference organized by the Ministry of Culture at the King Fahd Cultural Center in Riyadh — held under the patronage […]

Saudi Digital Signature Startup Sadq Raises $1M Pre-Series A Extension from Impact46

Saudi Digital Signature Startup Sadq Raises $1M Pre-Series A Extension from Impact46

Riyadh, Saudi Arabia – Sadq, a Saudi-based digital signature and document authentication platform, has secured a $1 million pre-Series A extension round, led by venture capital firm Impact46. The funding follows the company’s earlier $1.5 million pre-Series A round in April 2024, which was led by X by Unifonic Fund. Founded in 2022 by Abdullah […]

Sukna Capital and Partners for Growth (PFG) launch $50mln lending partnership to power ME's tech and SME growth

Sukna Capital and Partners for Growth (PFG) launch $50mln lending partnership to power ME’s tech and SME growth

Riyadh, Saudi Arabia – Sukna Capital, a Riyadh-based alternative investment platform licensed by the Capital Market Authority (CMA), and Partners for Growth (PFG), a global credit manager providing tailored, asset-backed lending solutions to high-growth technology companies, have signed a strategic partnership to deploy up to USD 50 million of specialty loans for high-potential technology companies and […]

Ajyad Capital Partners with EXANTE to Broaden Investor Access to Global Markets

Ajyad Capital Partners with EXANTE to Broaden Investor Access to Global Markets

Bahrain, Manama – [28-09-2025]: Ajyad Capital, a leading investment management firm licensed by the Central Bank of Bahrain (CBB), has announced a new strategic partnership with prime global brokerage EXANTE which extends Ajyad’s global reach, providing investors with exposure to a wide range of financial instruments in international markets, through its upcoming digital investment platform. […]

DOO raises $1.7mln round led by Merak Capital to redefine customer experience in the GCC

DOO raises $1.7mln round led by Merak Capital to redefine customer experience in the GCC

DOO combines advanced natural language processing with regional linguistic expertise to deliver seamless AI-driven support tailored to Arabic dialects and cultural nuances. Riyadh, Saudi Arabia – DOO, the AI-powered customer experience platform transforming how enterprises engage with their customers, announced the close of its $1.7M funding round led by Merak Capital, with participation from Plus VC […]